Disney selling FoxNext?

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FoxNext, Disney’s gaming division which brought us, Marvel Strike Force, is reportedly in plans for a sale, while Disney’s CEO, Mr. Robert Iger, says he wishes to exit the games industry entirely. This game developing studio was created in 2017, as an arm of 21st Century Fox, and were focused on location-based entertainment, VR, and AR projects. Disney bought the studio only last year, as a part of a large asset acquisition from Fox worth $71B in total, and now, after their lucrative commercial success with Marvel Strike Force, the division is scheduled for sale.

Disney selling FoxNext

Official reports state that Robert Iger sparked the sale decision with his own intention of leaving the biz, despite the fact that the officials of FoxNext, like Kevin Mayer, the direct-to-customer chief, expressed his wish to stay and retain the division. Marvel Strike Force was developed as a free-to-play video game, but with its in-app transactions, it has brought in over $150M in revenue just one year after its release in March 2018.

Disney sells FoxNext

Many are linking this move to Disney’s past decisions to shatter Disney Infinity and its studio Avalanche in 2016, and are recognizing it as their general attitude towards the gaming industry. Since 2016, Disney preferred licensing their projects to other interested parties, but they still kept FoxNext along with but a few holdouts that remained. Now, the ship seems to be officially going down as we have no other info on what will happen to other employees or their projects.

Disney sells FoxNext

Marvel Strike Force is a turn-based RPG mobile game that FoxNext developed for both iOS and Android platforms. The game was launched in March 2018 worldwide and brought licensed Marvel characters and content in a fun package to all corners of the world. After the game’s previously mentioned $150M gross revenue, it kept growing and developing, with new characters and modes only supplementing its commercial and critical success. However, with Disney’s sale of the studio, one begs the question if the game will continue to live on at all?

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